A better Brazilian forecast reduces soybean premium December 13, 2021
Soybean futures were pressured from losses in both soyoil and soymeal today. The trade is noting a slightly reduced concern for the Brazilian crop given the current weather forecast. For the March soybean contract, today was the lowest close since 12/2. There is some influence from inflation and still-high energy prices.
This content requires a premium subscription.
Please login to your premium subscription to view this content in its entirety.